Trending: Britsol Myers Squibb 3Q Results Better Than Expected
October 26 2022 - 5:29PM
Dow Jones News
16:59 -- Bristol Myers Squibb Co. is one of the most talked
about companies in the U.S. across all news items in the last 12
hours, according to Factiva data. The company reported
third-quarter financial results after the bell Tuesday which came
in better than expected. The company reported third-quarter
earnings per share of 75 cents on revenue of $11.2 billion. The
company also said it was expecting 2022 EPS in a range between
$2.54 and $2.84 per share and was backing its 2022 total sales
guidance of $46 billion. Analysts were expecting EPS of 69 cents
and sales of $11.1 billion, according to FactSet. The company also
said sales of its Revlimib cancer drug declined as generic versions
have become available. Dow Jones & Co. owns Factiva.
(stephen.nakrosis@wsj.com)
(END) Dow Jones Newswires
October 26, 2022 17:14 ET (21:14 GMT)
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